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Celtic Exploration Ltd CEXJF

Energy Oil & Gas E&P


GREY:CEXJF - Post by User

Celtic Exploration Ltd > Wall St Journal: NG below $1 summer
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Comment by teeveeon Apr 10, 2012 3:21pm
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Post# 19777203

RE: Wall St Journal: NG below $1 summer

RE: Wall St Journal: NG below $1 summer

CLT actually is a strong company with a good balance sheet and break even on nat gas well under $1/mcf, however, if gas gets to $1 or lower, and retail capitulates and starts dumping their funds, the fund managers have to hit any and all bids. With any whiff of that kind of action, start placing the stink bids......

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